Viking Holdings Q2 EPS $0.37 Misses $0.65 Estimate, Sales $1.59B Beat $1.43B Estimate
Portfolio Pulse from Benzinga Newsdesk
Viking Holdings reported Q2 earnings per share of $0.37, missing the $0.65 estimate, but sales of $1.59 billion exceeded the $1.43 billion estimate.
August 22, 2024 | 11:04 am
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Viking Holdings' Q2 earnings per share of $0.37 missed expectations by 43.08%, while sales of $1.59 billion exceeded expectations by 10.98%.
The significant miss on EPS suggests potential issues with profitability or cost management, which could negatively impact investor sentiment. However, the beat on sales indicates strong revenue performance, partially offsetting the negative EPS impact. Overall, the negative EPS surprise is likely to weigh more heavily on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100